California Business and Professions Code

§ 16608

BPC § 16608 Effective Jan 1, 2026Div. 7 · Part 2 · Ch. 1

Statute text

(a)For purposes of this section, the following definitions apply:

(1)“Contract” includes a promise, undertaking, contract, or agreement, whether written or oral, express or implied.

(2)“Debt” means money, personal property, or their equivalent that is due or owing or alleged to be due or owing from a natural person to another person, including, but not limited to, for employment-related costs, education-related costs, or a consumer financial product or service, regardless of whether the debt is certain, contingent, or incurred voluntarily.

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Legislative history

Added by Stats. 2025, Ch. 703, Sec. 1. (AB 692) Effective January 1, 2026.